Here's my take on the Federal Reserve's expanded balance sheet, the Labor Department's jobs survey, and Fed's September meeting minutes.
Finding the right stocks is like finding the right dance partner.
Let's face it, the numbers aren't great and the trend is bad.
I think that one needs to take a diversified approach to not just wealth preservation, but the preservation of one's standard of living.
If employment is weakening, it would be a very ominous sign that a recession is getting closer.
About the upcoming U.S./China talks, call me skeptical, but I trade the environment, and not my starchy views on what is versus what should be.
High Fed rates, tariffs and China trade wars are all just distractions as long as there is some momentum. But that is in short supply right now.
The freedom of choice coupled with a plentiful job market and frugality define this new beast.
It is plummeting confidence, not a weakening economy, that is the enemy right now. Fear can be a powerful driver towards recession.
Ultimately stocks are only going higher if the expansion does in fact keep going.